ACM Research, Inc. ACMR
ACM Research, Inc. (ACMR) earns a Piotroski F-score of 3/9 (weak financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2025 revenue was $901.3M at a 10.4% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.05 — grey zone (between the usual thresholds). A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-06-24 | Morgan Stanley | Overweight (main) |
| 2026-06-18 | Roth Capital | Buy (main) |
| 2026-05-05 | Seaport Global | Buy (init) |
| 2025-09-30 | Roth Capital | Buy (main) |
| 2025-02-28 | JP Morgan | Overweight (init) |
| 2025-02-27 | Needham | Hold (reit) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 3/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · safe zone
| Component | Value |
|---|---|
| Working capital / assets | 0.589 |
| Retained earnings / assets | 0.122 |
| EBIT / assets | 0.038 |
| Equity / liabilities | 2.05 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| ACMR | ACM Research, Inc. | 3/9 | 6.67 | 76.8 | +15.2% |
| ACLS | AXCELIS TECHNOLOGIES INC | 4/9 | 8.71 | 44.3 | -17.6% |
| CRCT | Cricut, Inc. | 6/9 | 5.8 | 12.7 | -0.5% |
| VECO | VEECO INSTRUMENTS INC | 6/9 | 4.55 | 129.7 | -7.4% |
| AZTA | Azenta, Inc. | 6/9 | 9.11 | — | +3.6% |
| ERII | Energy Recovery, Inc. | 5/9 | 15.7 | 19.8 | -6.9% |
| ASYS | AMTECH SYSTEMS INC | 3/9 | -0.5 | — | -21.6% |
About ACM Research, Inc.
ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells capital equipment in Mainland China and internationally. It also develops, manufactures, and sells a range of packaging tools to wafer assembly and packaging customers. The company provides wet cleaning equipment for front end production processes; electrochemical plating, furnace, PECVD, and track platforms; Space Alternated Phase Shift, technology for flat and wafer surfaces; timely energized bubble oscillation, technology for patterned wafer surfaces at advanced process nodes; and Tahoe technology; and semi-critical cleaning tools. It also offers advanced packaging equipment, such as coaters, developers, photoresist strippers, scrubbers, wet etchers and copper-plating equipment; and advanced packaging products include: Ultra ECP ap, which delivers a uniform metal layer to finished wafers prior to packaging; Ultra C Developer, which applies liquid developer to selected parts of photoresist to resolve an image; Ultra C PR Megasonic-Assisted Stripper, which removes photoresist; Ultra C Scrubber, which scrubs and cleans wafers; Ultra C Thin Wafer Scrubber, which addresses a sub-market of cleaning very thin wafers for certain Asian assembly factories; and Ultra C Wet Etcher, which etches silicon wafers and copper and titanium interconnects. In addition, the company provides ECP technology for advanced metal plating; Ultra fn Furnace, a dry processing tool; Ultra Pmax PECVD tools, a proprietary designed chamber, gas distribution unit, and chuck; and Ultra Track, a 300mm process tool that delivers uniform air downflow, fast robot handling and configurable software to address specific customer requirements. It markets and sells its products under the SAPS, TEBO, ULTRA C, ULTRA Fn, Ultra ECP, Ultra ECP map, and Ultra ECP ap trademarks through direct sales force and third-party representatives. ACM Research, Inc. was incorporated in 1998 and is headquartered in Fremont, California.
FAQ
Is ACMR financially healthy?
ACM Research, Inc.'s Piotroski F-score is 3/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.
Does ACMR pay a dividend?
No, ACM Research, Inc. does not currently pay a dividend.
How profitable is ACMR?
In FY2025, ACM Research, Inc. had a net margin of 10.4% and a return on equity of 4.9%.
Is ACMR overvalued or undervalued?
ACM Research, Inc. trades at about 59.3× trailing earnings — above its 10-year norm (10-year range 13.4×–100.0×, median 35.1×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for ACMR?
The average Wall-Street price target for ACM Research, Inc. is $102.14, about 25.7% above the recent price, from 7 analysts (consensus: strong buy).
Is ACMR a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on ACM Research, Inc.: a Piotroski F-score of 3/9, an Altman Z″ in the safe zone, a P/E of about 76.8×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.